Promising Energy Stocks To Add to Your Watchlist - September 6th

Key Points

• Tesla, Broadcom, and GE Vernova are highlighted as key energy stocks to watch this week, based on recent trading volume data.
• Tesla's operations include the manufacturing of electric vehicles and energy generation solutions, while Broadcom focuses on semiconductor devices and GE Vernova is involved in electricity generation across multiple energy sources.
• Energy stocks are known for experiencing higher volatility due to their close ties with commodity prices, geopolitical factors, and regulatory changes.

Tesla, Broadcom, and GE Vernova are the three Energy stocks to watch today, according to MarketBeat's stock screener tool. Energy stocks are shares of publicly traded companies involved in the exploration, production, refinement, distribution and sale of energy resources—ranging from oil, natural gas and coal to renewable sources like wind and solar. They also encompass utilities that generate and deliver electricity and other energy services. Because their revenues and profits are closely tied to commodity prices, geopolitical events and regulatory policies, energy stocks can exhibit higher volatility than many other sectors. These companies had the highest dollar trading volume of any Energy stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Read Our Latest Research Report on TSLA

Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

Read Our Latest Research Report on AVGO

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

Read Our Latest Research Report on GEV

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